253 Romans WAY, Fairbanks, AK 99701
253 Romans WAY, Fairbanks, AK 99701
253 Romans WAY, Fairbanks, AK 99701
253 Romans WAY, Fairbanks, AK 99701
253 Romans WAY, Fairbanks, AK 99701
253 Romans WAY, Fairbanks, AK 99701
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$ 475,000
Est. payment | /mo

10 Beds

10 Baths

7,000 SqFt


Save
$ 475,000
Est. payment | /mo
Save

10 Beds

10 Baths

7,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $67

MLS Listing ID 26-7527

Bedrooms 10

Full Baths 10

Construction Status Existing Structure

Year Built 1959

Lot Size 0.484 Acres

Acres 0.48

Source Alaska Multiple Listing Service

Property Description

Rare, high-density investment opportunity! Versatile 10-bedroom, 10-bathroom multiplex offers steady income-stream, & located in prime location. Perfectly configured for a group home, supportive housing network, or specialized residential care facility, expansive complex with balance of community spaces and private residential units, ready for new owners! (1) 2-Bedroom Units Currently rented at $1,400/mo
(1) 2-Bedroom Units Currently rented at $1,300/mo
(5) 1-Bedroom Units Currently rented at $1,100/mo
(4) Single Room Occupancy (SRO) $600/mo (two tenants per room $300 each)

Approximately $10,600 rental income. Current rents
priced below AHFC market rates, providing the opportunity to optimize rents and maximize the portfolio's yield.

Location

State AK

Area 720 - Southeast Fairbanks

Zoning GC - General Commercial

Direction Take Cushman/Old Richardson Hwy Exit, continue on 30th Ave, Left on Leasure St., Right on Romans Way

Interior

Heating Unknown

Exterior

Waterfront Description None

Water Access Desc Unknown-BTV

Building

Foundation Unknown - BTV

Lot Size Range 0.48

Sewer Unknown

Water Unknown-BTV

New Construction No

Construction Status Existing Structure

Schools

Elementary Schools Hunter

Middle Schools Ryan

High Schools Lathrop

Others

Tax ID 0137685

Acceptable Financing AHFC, Conventional

Listing Terms AHFC, Conventional

Alaska MLS
Listed by Next Level Realty, LLC

NEARBY SCHOOLS & PROPERTIES

Monique Manley

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(907) 887-9103

moniquemanleyak@gmail.com

420 W. Tudor Road, # A-240., Anchorage, Alaska, 99503, United States

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253 Romans WAY